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Sep 18, 2006

Not To Support - Sweden - Scania rejects MAN offer

Stockholm,Sweden -Scania P.R. -18 Sep 2006: -- On 13 September, 2006 the Board of Directors of Scania AB received a letter from the Chairman of the Executive Board of MAN AG, describing a possible offer on Scania... At a Board meeting held on 17 September, 2006 the Board of Directors studied the contents of the letter and have, after having engaged professional advisors to assist in its review and assessment of the proposal, unanimously decided not to support the proposals outlined therein. On Sunday 17 September, the Board of Scania informed MAN AG of its decision...

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